Tintri CFO exits, following CEO departure

Tintri Inc. said late Friday that Chief Financial Officer Ian Halifax will leave the company April 30. Tintri stock is down a fraction in late trading, after closing down nearly 4% to $2.76 in the regular session. Halifax’s departure comes weeks after the peripheral maker’s Chief Executive Ken Klein announced his departure amid a 20% staff cut. The company has struggled since its June IPO, during which it drastically cut its target price, eventually going public for $7 a share. Tintri stock is down 46% this year, as the S&P 500 index has fallen 1.1%.

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